Key Insights into the Veterinary Stereotactic Radiosurgery System Market: Trends, Growth Rate, and Opportunities Through 2034
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
What Are the Primary Drivers Supporting the Market Growth of theVeterinary Stereotactic Radiosurgery System Market?
The rise in the pet population is expected to drive the demand for the veterinary stereotactic radiosurgery system market. As more pets are adopted, the need for advanced treatments, such as stereotactic radiosurgery for tumors, is increasing. For example, the 2023 PAW Report from the UK found that 53% of UK adults owned a pet, contributing to the rising demand for veterinary services, including stereotactic radiosurgery systems. This growth in the pet population is driving the veterinary stereotactic radiosurgery system market.
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#How Does the ProjectedVeterinary Stereotactic Radiosurgery System Market Growth Compare Over the Forecast Period?
The veterinary stereotactic radiosurgery system market has experienced rapid growth in recent years. It is expected to grow from $2.92 billion in 2024 to $3.28 billion in 2025, with a CAGR of 12.3%. The growth is driven by increasing pet ownership, investment in veterinary healthcare, regulatory support, and the rise of pet insurance.
The veterinary stereotactic radiosurgery system market is expected to grow to $5.28 billion by 2029, with a CAGR of 12.6%. This growth is driven by the increasing geriatric pet population, rising awareness, and the globalization of veterinary services. Trends include AI and robotics integration, personalized medicine, telemedicine, and minimally invasive procedures.
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What Are the Latest Innovations Influencing theVeterinary Stereotactic Radiosurgery System Market?
In the veterinary stereotactic radiosurgery system market, technological advancements are a prominent trend. Companies in this market are developing advanced technologies to maintain their competitive edge. For instance, Accuray Incorporated, a US-based manufacturer of radiotherapy systems, introduced the CyberKnife S7 system, the latest iteration of their CyberKnife radiation therapy platform. This system delivers stereotactic radiosurgery (SRS) and stereotactic body radiation therapy (SBRT) in 15-minute sessions, targeting neurological diseases and both benign and malignant cancers. The S7 system uses Accuray’s Synchrony motion-synchronization technology to adjust radiation delivery in real-time based on patient or tumor movement, with its robotic architecture providing radiation from numerous angles.
Who Are the Major Industry Players Accelerating Growth in theVeterinary Stereotactic Radiosurgery System Market?
Major companies operating in the veterinary stereotactic radiosurgery system market include PetCure Oncology, Elekta AB, Accuray Incorporated, Varian Medical Systems Inc., Nanovi Radiotherapy A/S, Ion Beam Applications SA, ZAP Surgical Systems Inc., Brainlab AG, Best Medical International Inc., Mevion Medical Systems Inc., Hitachi Ltd., Sumitomo Heavy Industries Ltd., Shinva Medical Instrument Co. Ltd., Beijing Wandong Medical Equipment Co. Ltd., Neusoft Medical Systems Co. Ltd., Xinjiang Xinxing Medical Equipment Co. Ltd., Beijing Neusoft Medical Systems Co. Ltd., Siemens Healthineers AG, Philips Healthcare Company, GE Healthcare Technologies Inc., Toshiba Medical Systems Corporation, Hitachi Aloka Medical Ltd., Vision RT Limited
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Which Primary Segments of the Veterinary Stereotactic Radiosurgery System Market Are Driving Growth and Industry Transformations?
The veterinary stereotactic radiosurgery system market covered in this report is segmented –
1) By Product: Microsurgical Instrumentation, Optical Or Viewing Instruments, Other Products
2) By Modality: Gamma Knife, Linear Accelerator, Particle Beam Radiation Therapy, Cyber Knife
3) By Application: Canine, Feline, Other Applications
4) By End User: Hospitals, Contract Research Organizations (CROs), Other End Users
Subsegments:
1) By Microsurgical Instrumentation: Stereotactic Frames, Navigation Systems, Targeting Devices
2) By Optical Or Viewing Instruments: Endoscopes, Surgical Microscopes, Imaging Systems
3) By Other Products: Treatment Planning Software, Radiation Delivery Systems, Accessories
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Which Regions Are Key Players in the Growth of the #What Are the Primary Drivers Supporting the Market Growth of theVeterinary Stereotactic Radiosurgery System Market?# Market?
North America was the largest region in the veterinary stereotactic radiosurgery system market in 2024. The regions covered in the veterinary stereotactic radiosurgery system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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